!4 - 



The Ar!reerr:ent recognizes the need for flexibility 

 to encouraqe innovative nianaqerrent techniques. For 

 instance, r.anaqemcnt measures listed in Article XI, para- 

 qraph 2, that may be adopted tor Category A and B stocks 

 are permissive rather than obligatory. Article VIII 

 specifically provides that the Parties may amend any pro- 

 vision of the Annexes by agreement. It also allows the 

 Con;mission to recom.mend such amendments to the Parties, 

 including without limitation, the addition or deletion of 

 stocks, the transfer of stocks from one Annex to another, 

 and changes in fishing entitlements and access areas. If 

 the tine limits or other administrative procedures set 

 forth in the Agreement prove unsatisfactory, either Party 

 may request a review and reneqot iat ion of such provisions 

 after an initial 5-year period following entry into force 

 of the Agreement. 



The m.anageiT.ent categories established in the Agree- 

 ment would provide for graduated degrees of interaction 

 betV7een the countries in nianaging fishery resources. 

 Stocks appear in one category or another based on a number 

 of factors. These include the degree to which a given 

 stock, based on seasonal m.igration patterns, is found in 

 the fishery conservation zone of one country or the other, 

 how much interaction there appears to be between stocks, 



